Hotel 534 m² in Herceg Novi, Montenegro

Herceg Novi, Montenegro

$1,63M

$3,048/m²

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ID: 3753529

In CRM: 89004

ID of the ad on the website or in the company’s CRM

Last update: 11/03/2026

Location

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Country

Montenegro
Region

Herceg Novi Municipality
Town

Herceg Novi

Property characteristics

Property parameters

Price per m²

$3,048/m²
Total area

534 m²

Exterior details

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Sea view

Description

Mini-hotel on the first line of the sea in Djenovicy is a ready-made investment opportunity in one of the most popular locations of Boka. The property is located directly on the embankment, with direct access to the Riviera, just 1 km from Porto Novi - it is about 10 minutes walk along the sea. This location gives the hotel several strong advantages: the first line, a constant tourist flow, attractiveness for short-term rentals and a high potential for value growth. The building is designed as a garni-hotel category 3* and is in the process of adapting to the appropriate format. A design project aimed at passing categorization has already been prepared. This allows the investor to get not just a building by the sea, but an object with a clear concept and the prospect of a quick launch. The total gross area is 534 m2, the plot is 500 m2. The hotel consists of three floors and includes 16 rooms, most of which are double, with private bathrooms and balconies; some rooms allow you to accommodate a third bed. This configuration is well suited for both classic seasonal accommodation and a more flexible hotel model. The layout is designed for the hotel format: • First floor: reception, breakfast room, guest bathroom, pantry and 4 rooms. • Second floor: 6 rooms. • Third floor: 6 rooms. A separate advantage of the facility is a fully equipped cafe with an area of 35 m2 in the courtyard, with access to the embankment. The cafe is in the process of legalization, the equipment is new. This can become an additional source of income, as well as increase the attractiveness of the hotel for guests. It is interesting not only as a hotel business. At the request of the investor, the building can be converted into several apartments, which makes the offer even more flexible in terms of investment strategy. This is a rare format for the coast: the first line of the sea, operating hotel logic, its own commercial area and walking proximity to Porto Novi. Such an object is suitable both for launching a small boutique hotel and for an investor who is looking for real estate by the sea with the ability to adapt to different monetization scenarios.